- burge_99Lv 47 years ago
If you are younger I would research a jr company as their stock prices are low. Research companies set price targets which the stock usually reaches. If you go the penny stock route make sure there is no money owing and they have a half decent cash flow. Research blue chip stocks and stay away from stocks that are at a all time high. One crash and you can lose it. Dividend stocks are good too.
Here are some things I have been taught on stocks Once you find a couple you really like
1 know the price stocks go up and go down so if it goes up big time sell it. If it falls back buy it back if it does go up more at least you got a profit.
2. You can always buy a stock back.
3. Does the stock allow drips You get more stock from dividends reinvested especially if the stock price is low.
4. Watch for dividend dates in some case you can own a stock for a day and get full dividends I believe you have to have it for one full day at the cutoff date you can sell it the day after and collect all the dividends
- Anonymous5 years ago
With penny stocks you can make 30 percent or 40 percent profit in a few days. Learn here https://tr.im/tradepennystocks
The best strategy, if you do have experience type of return on a penny stock, is to sell the stock quickly.
Of course, it’s easier said than done. The natural thing to want when you see an increase in stock price is to hold the stock and hope for an even larger increase.
- Anonymous6 years ago
Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/e3f14
- Anonymous7 years ago
That's largely a matter of your personal opinions & investment goals...
But if you are investing for the mid- to long-term, you won't go far wrong buying the "Dogs of the Dow", the ten "cheapest-priced/highest-yielding" of the 30 stocks that compose the Dow Jones Industrial Average...
Currently, those stocks are as shown here; http://www.dogsofthedow.com/ddoggish.htm
Buy equal dollar amounts of these, hold them for 13 months (to avoid short-term capital gains taxes) then sell them, and use the money to buy whichever are the "Dogs" then...
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- 7 years ago
look for hot stocks but stay away from penny stocks they are very risky